Ligitek Electronics Co (ROCO:8111) Cyclically Adjusted Book per Share : NT$12.93 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Ligitek Electronics Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Ligitek Electronics Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$12.102. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$12.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ligitek Electronics Co's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ligitek Electronics Co was 5.20% per year. The lowest was 4.00% per year. And the median was 4.60% per year.

As of today (2024-06-20), Ligitek Electronics Co's current stock price is NT$23.50. Ligitek Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$12.93. Ligitek Electronics Co's Cyclically Adjusted PB Ratio of today is 1.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ligitek Electronics Co was 2.80. The lowest was 0.52. And the median was 1.54.

Ligitek Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ligitek Electronics Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ligitek Electronics Co Cyclically Adjusted Book per Share Chart

Ligitek Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted Book per Share

Get a 7-Day Free Trial

10.86

10.91

11.42

12.20

12.69

Ligitek Electronics Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted Book per Share	Get a 7-Day Free Trial															12.44	12.58	12.71	12.69	12.93

Competitive Comparison of Ligitek Electronics Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Ligitek Electronics Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ligitek Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ligitek Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ligitek Electronics Co's Cyclically Adjusted PB Ratio falls into.

Ligitek Electronics Co Cyclically Adjusted Book per Share Calculation

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ligitek Electronics Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book	=	Book Value per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	12.102	/	131.7762	*	131.7762
	=	12.102

Current CPI (Mar. 2024) = 131.7762.

Ligitek Electronics Co Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	8.337	100.560	10.925
201409	8.355	100.428	10.963
201412	10.399	99.070	13.832
201503	10.081	99.621	13.335
201506	9.878	100.684	12.928
201509	9.932	100.392	13.037
201512	9.433	99.792	12.456
201603	9.213	100.470	12.084
201606	9.043	101.688	11.719
201609	8.813	101.861	11.401
201612	8.773	101.863	11.349
201703	8.646	102.862	11.076
201706	8.718	103.349	11.116
201709	8.863	104.136	11.215
201712	8.790	104.011	11.136
201803	10.687	105.290	13.375
201806	10.719	106.317	13.286
201809	10.651	106.507	13.178
201812	10.600	105.998	13.178
201903	11.398	107.251	14.004
201906	10.914	108.070	13.308
201909	10.838	108.329	13.184
201912	10.666	108.420	12.964
202003	10.556	108.902	12.773
202006	10.541	108.767	12.771
202009	11.184	109.815	13.421
202012	11.478	109.897	13.763
202103	12.018	111.754	14.171
202106	12.302	114.631	14.142
202109	11.879	115.734	13.526
202112	14.142	117.630	15.843
202203	14.638	121.301	15.902
202206	12.824	125.017	13.517
202209	13.321	125.227	14.018
202212	13.252	125.222	13.946
202303	13.359	127.348	13.824
202306	12.533	128.729	12.830
202309	12.718	129.860	12.906
202312	12.588	129.419	12.817
202403	12.102	131.776	12.102

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Ligitek Electronics Co (ROCO:8111) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ligitek Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	23.50	/	12.93
	=	1.82

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ligitek Electronics Co was 2.80. The lowest was 0.52. And the median was 1.54.

Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.

Ligitek Electronics Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ligitek Electronics Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Ligitek Electronics Co (ROCO:8111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ligitek Electronics Co Ltd (ROCO:8111) » Definitions » Cyclically Adjusted Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.238, Bo-Ai Street, Shulin District, New Taipei, TWN

Website

https://www.ligitek.com

Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays and light bars, leads, PCBs and reflectors for SMD; and automotive, invisible, super bright and special LEDs. The geographical markets of the group are Taiwan, Americas, Europe, Asia and Others.

Ligitek Electronics Co (ROCO:8111) Headlines

No Headlines